E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Plain ice Cream Company, Incorporated, in lthaca, NY, bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $18,000. The estimated useful life was four years, and the residual value was $1,840. Assume that the estimated productive life of the machine was 10,100 hours. Actual annual usage was 4,040 hours in Year 1; 3,030 hours in Year 2; 2,020 hours in Year 3; and 1,010 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the aiternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete a depreciation schedule using the straight-line method. Complete a depreciation schedule using the units-of-production method. Note: Use two decimal places for the per unit output factor. Do not round intermediate calculations. Complete a depreciation schedule using the double-declining-balance method